LEG Immobilien AG (Landesentwicklungsgesellschaft) is a German property company. As of 2016, it is a constituent of the
MDAX trading index of German mid-cap companies.
The company was established as a housing provider operating in the
German Land of
Nordrhein-Westfalen
North Rhine-Westphalia (german: Nordrhein-Westfalen, ; li, Noordrien-Wesfale ; nds, Noordrhien-Westfalen; ksh, Noodrhing-Wäßßfaale), commonly shortened to NRW (), is a state (''Land'') in Western Germany. With more than 18 million inhab ...
. It was later privatised and currently operates as an
Aktiengesellschaft
(; abbreviated AG, ) is a German word for a corporation limited by share ownership (i.e. one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equi ...
(publicly traded company). The headquarters is located in
Düsseldorf
Düsseldorf ( , , ; often in English sources; Low Franconian and Ripuarian language, Ripuarian: ''Düsseldörp'' ; archaic nl, Dusseldorp ) is the capital city of North Rhine-Westphalia, the most populous state of Germany. It is the second- ...
, the Land capital (Landeshauptstadt) of Nordrhein-Westfalen.
As of 2016, the company has around 1000 employees and holds around 130,000 apartments and properties.
A takeover bid by
Deutsche Wohnen failed in 2015.
References
External links
* (English)
Financial TimesBloomberg
Companies based in Düsseldorf
Companies listed on the Frankfurt Stock Exchange
Companies in the MDAX
{{Germany-company-stub